Common use of Voting at the Shareholders’ Meeting Clause in Contracts

Voting at the Shareholders’ Meeting. (1) Each Party shall exercise its voting rights in accordance with its respective shareholding percentage in the Registered Capital on each matter to be decided at any Shareholders’ Meeting. A Director shall be entitled to represent and act on behalf of the Party that nominates him at any Shareholders’ Meeting if so authorized by such Party in writing. (2) Adoption of resolutions of the Shareholders’ Meeting on items (1) through (4) in Article 9.1 shall require the unanimous affirmative votes of all shareholders. (3) Adoption of resolutions of the Shareholders’ Meeting on items (5), (6), (9) and (12) in Article 9.1 shall require the affirmative votes of shareholders representing more than three-fourths (3/4) of the voting rights of all shareholders. (4) Adoption of resolutions of the Shareholders’ Meeting on items (7) and (8) in Article 9.1 shall require the affirmative votes of shareholders representing more than two-thirds (2/3) of the voting rights of all shareholders. (5) Any other resolution passed by the Shareholders’ Meeting shall only take effect with the affirmative votes of shareholders representing more than fifty percent (50%) of the voting rights of all shareholders. (6) In lieu of a Shareholders’ Meeting, a written resolution may be adopted. Such a resolution is adopted if sent to each of the Parties and affirmatively signed by the authorized representatives of both Parties.

Voting at the Shareholders’ Meeting. (1a) Each Party shall exercise its voting rights in accordance with its respective shareholding percentage in the Registered Capital on each matter to be decided at any Shareholders’ Meeting. A Director shall be entitled to represent and act on behalf of the Party that nominates him at any Shareholders’ Meeting if so authorized by such Party in writing. (2b) Adoption of resolutions of the Shareholders’ Meeting on items (1) through (4) in Article 9.1 13 shall require the unanimous affirmative votes of all shareholders. (3c) Adoption of resolutions of the Shareholders’ Meeting on items (5), (6), (9) and (12) in Article 9.1 13 shall require the affirmative votes of shareholders representing more than three-fourths (3/4) of the voting rights of all shareholders. (4d) Adoption of resolutions of the Shareholders’ Meeting on items (7) and (8) in Article 9.1 13 shall require the affirmative votes of shareholders representing more than two-thirds (2/3) of the voting rights of all shareholders. (5e) Any other resolution passed by the Shareholders’ Meeting shall only take effect with the affirmative votes of shareholders representing more than fifty percent (50%) of the voting rights of all shareholders. (6f) In lieu of a Shareholders’ Meeting, a written resolution may be adopted. Such a resolution is adopted if sent to each of the Parties and affirmatively signed by the authorized representatives of both Parties.